Lowest Cost of Living Neighborhoods in Indiana (2026 Rankings)
Utility costs are a key part of your monthly budget. We ranked 25 neighborhoods in Indiana by electricity rate as a proxy for overall cost of living. Lower rates mean more money in your pocket.
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $152,500
Property Tax: $1,075/yr
Median Income: $58,233
Electricity Rate: 9.06¢/kWh
Median Rent: $1,557/mo
Home Value: $225,100
Median Income: $102,067
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $189,300
Property Tax: $1,075/yr
Median Income: $71,317
4
Electricity Rate: 9.06¢/kWh
Median Rent: $703/mo
Home Value: $115,200
Median Income: $48,611
5
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $267,900
Property Tax: $1,075/yr
Median Income: $46,543
6
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $129,100
Property Tax: $1,075/yr
Median Income: $52,368
7
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $113,800
Property Tax: $1,075/yr
Median Income: $49,056
8
Electricity Rate: 9.06¢/kWh
Median Rent: $738/mo
Home Value: $92,400
Median Income: $53,233
9
Electricity Rate: 9.06¢/kWh
Median Rent: $1,232/mo
Home Value: $216,300
Median Income: $107,083
10
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $81,800
Property Tax: $1,075/yr
Median Income: $36,874
11
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $145,200
Property Tax: $1,075/yr
Median Income: $50,674
12
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $295,700
Property Tax: $1,075/yr
Median Income: $99,458
13
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $118,400
Property Tax: $1,075/yr
Median Income: $53,967
14
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $99,600
Property Tax: $1,075/yr
Median Income: $41,230
15
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $101,700
Property Tax: $1,075/yr
Median Income: $44,974
16
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $119,300
Property Tax: $1,075/yr
Median Income: $46,534
17
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $425,900
Property Tax: $1,075/yr
Median Income: $132,859
18
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $128,200
Property Tax: $1,075/yr
Median Income: $51,543
19
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $211,700
Property Tax: $1,075/yr
Median Income: $75,114
20
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $187,700
Property Tax: $1,075/yr
Median Income: $67,566
21
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $193,100
Property Tax: $1,075/yr
Median Income: $70,762
22
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $364,400
Property Tax: $1,075/yr
Median Income: $117,519
23
Electricity Rate: 9.06¢/kWh
Median Rent: $1,013/mo
Home Value: $184,600
Property Tax: $1,075/yr
Median Income: $59,110
24
Electricity Rate: 9.06¢/kWh
Median Rent: $1,675/mo
Home Value: $185,000
Property Tax: $3,447/yr
Median Income: $47,873
25
Electricity Rate: 9.06¢/kWh
Home Value: $226,400
Median Income: $76,573
More Indiana Guides
Safest Neighborhoods in Indiana
ranked by lowest violent crime rates
Most Walkable Neighborhoods in Indiana
ranked by Walk Score
Most Affordable Neighborhoods in Indiana
ranked by affordability index
Best Neighborhoods for Families in Indiana
ranked by safety, walkability, and homeownership
Best Neighborhoods for Retirees in Indiana
ranked by safety and affordability
Neighborhoods with the Cleanest Air in Indiana
ranked by Air Quality Index
Best Neighborhoods for Commuters in Indiana
ranked by transit score
Best Neighborhoods for Biking in Indiana
ranked by bike score
Quietest Neighborhoods in Indiana
ranked by lowest road noise levels
Lowest Crime Neighborhoods in Indiana
ranked by lowest property crime rates
Highest Homeownership Neighborhoods in Indiana
ranked by homeownership rate
Most Affordable Rent Neighborhoods in Indiana
ranked by lowest median rent
Highest Income Neighborhoods in Indiana
ranked by median household income
Lowest Unemployment Neighborhoods in Indiana
ranked by lowest unemployment rate
Best Climate-Resilient Neighborhoods in Indiana
ranked by lowest climate risk score
Lowest Property Tax Neighborhoods in Indiana
ranked by median annual property tax
Best Neighborhoods for First-Time Buyers in Indiana
ranked by affordability index
Best Neighborhoods with Public Transit in Indiana
ranked by transit score
Best Neighborhoods for Young Professionals in Indiana
ranked by walkability score
Greenest Neighborhoods in Indiana
ranked by best air quality
Most Populated Neighborhoods in Indiana
ranked by population
Lowest Poverty Rate Neighborhoods in Indiana
ranked by lowest poverty rate
Highest Home Value Neighborhoods in Indiana
ranked by median home value
Most Affordable Housing Neighborhoods in Indiana
ranked by lowest median home value
Safest Neighborhoods (Low Property Crime) in Indiana
ranked by lowest property crime rates